New lending reached €1.76 billion in the first half of 2019, marking an increase of 11.5%

new-lending-reached-e176-billion-in-the-first-half-of-2019,-marking-an-increase-of-11.5%
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New loans granted in Cyprus in the first half of 2019 amounted to €1.76 billion, marking in increased of 11.5% compared with the respective period of 2018. According to CBC data, new lending in the first half was the highest of the last four years and corresponded to 56% of total new lending in 2018. New corporate loans over €1 million reached €890 million marking in increase of €27% year on year and constituted the largest share of total new lending. Loans …

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